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Dec 1, 2012
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but the tax rates that bill clinton had were pretty good for america. we need to balance this budget. i am not opposed to more spending cuts. i am not. i am not opposed -- i'm against cutting medicare benefits but i'm in favor of payment reform, which we desperately need to do to control costs. so we can do this. but i don't see any particularly harm other than we are going to go into a recession if we go over the slope. >> if you don't think tax rates matter, why is it that over the last 30 years when ronald reagan became president tax rates all over the world have fallen? they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd just like to have a flat tax. steve moore, thank you very much. i appreciate it. >>> folks before we go i want to send my very best wishes to my long-time friend and producer donna mizlocky
but the tax rates that bill clinton had were pretty good for america. we need to balance this budget. i am not opposed to more spending cuts. i am not. i am not opposed -- i'm against cutting medicare benefits but i'm in favor of payment reform, which we desperately need to do to control costs. so we can do this. but i don't see any particularly harm other than we are going to go into a recession if we go over the slope. >> if you don't think tax rates matter, why is it that over the last...
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Dec 4, 2012
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and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it needs to be and we cut some human services things like head start which i wish we didn't have to cut but this is going to have to be some sort of compromise. i think this is the best deal democrats are going to get. >> i know, you know, i can -- i can think like you at times because, you know, you're smart, you're a doctor, all these things. you're not going to -- >> i'm also a deficit hawk, joe. >> you are a deficit hawk. and, howard, i know obama won the election, but in this country you need the house to vote on something to make it law, and if they just say no the 39.6 on the high end, if you just let -- go over the cliff, it's going to 39.6. there would be in discussing it. it's going there. >> let's be fair about this. i mean, what i'm proposing is not -- neither the republicans nor the democrats like. because not only does it go to 39.6 on the wealthy which i support, but it also goes back to what
and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it needs to be and we cut some human services things like head start which i wish we didn't have to cut but this is going to have to be some sort of compromise. i think this is the best deal democrats are going to get. >> i know, you know, i can -- i can think like you at times because, you know, you're smart, you're a doctor, all these things. you're not going to --...
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Dec 4, 2012
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every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher rates it's capital gains. >> that's right. people start taking gains and hold on to what they have. that means capital is not put to work. in the early 1990s the economy was starting to get a real head of steam. not enough to save george h.w. bush but that slowed in '93 and '94. when republicans came in, cut spending, killed hilary care and alan greenspan had a sensible monetary policy, the economy started to recover and then clinton got the religion, he cut capital gains. >> steve is giving your man all these kudos and you're not taking them. >> two things first, larry, didn't president reagan raise the capital gains tax rate? >> in a tax reform plan he did. >> exactly. that's my point. was that class warfare when he did that? was that class warfar
every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher rates it's capital gains. >> that's right. people start taking gains and hold on to what they have. that means capital is not put to work. in the early 1990s the...
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Dec 7, 2012
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we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i think tom colts
we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight...
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Dec 18, 2012
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they did great in the bill clinton years -- >> jared, profits are net income after all these expenses. that's what gets -- >> at 25% -- >> the next fiscal cliff is the debt ceiling. very important point. >> that's worse. >> it could be. will the debt ceiling be in this so-called deal, whatever this deal is? that's very important. >> that's sort of been the suggestion so far. certainly a year-long extension of the debt limit. but almost more than a tax rate, that will drive consumers crazy because that's going to be the leverage. that's a sticking point. >> over the weekend, big christmas party, hedge fund guy, old friend of mine, we talked about this. he's so sick of it. just give me a deal. >> most of the business folks will tell you that. >> whatever. what he worried about was the debt ceiling. the debt ceiling is a downgrade. the debt ceiling is a 1,000-point selloff in the stock market. that's the key. what do you hear? >> i don't believe that the administration is going to negotiate over the debt ceiling now or a year from now. i think that they are simply not going to let congre
they did great in the bill clinton years -- >> jared, profits are net income after all these expenses. that's what gets -- >> at 25% -- >> the next fiscal cliff is the debt ceiling. very important point. >> that's worse. >> it could be. will the debt ceiling be in this so-called deal, whatever this deal is? that's very important. >> that's sort of been the suggestion so far. certainly a year-long extension of the debt limit. but almost more than a tax rate,...
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Dec 21, 2012
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because we are going back to the time when bill clinton was president. apparently everything was great and everybody paid taxes. >> from the top rate. >> bush's tax cuts were for every income level. >> that what i'm trying to explain to you, brian. the fact is, if the bill totally expires, totally, january, february, march, then everyone is going to pay higher taxes. and this economy can't take that. the clinton tax rate -- >> i think it is a white elephant. >> the clinton tax rate is somewhat a distraction here with respect to the whale or tsunami after reception. what you're not going to get, i'm here to tell you, the reason will reveil. the white house, senate democrats and house republicans will not risk a $500 billion across the board tax hike that will lead to recession. they will not do it. >> i agree with you on those point except be a who am i to disagree on economics. but we are going back to '99. more american families spend more on their smart phone bills than the tax hike will cost them. >> on that economic point, what do you think, steve? >
because we are going back to the time when bill clinton was president. apparently everything was great and everybody paid taxes. >> from the top rate. >> bush's tax cuts were for every income level. >> that what i'm trying to explain to you, brian. the fact is, if the bill totally expires, totally, january, february, march, then everyone is going to pay higher taxes. and this economy can't take that. the clinton tax rate -- >> i think it is a white elephant. >> the...
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Dec 7, 2012
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nobody's dealt with it since bill clinton was president of the united states. there are a number of things we're going to have to do in order to meet our deficit. we're going to have to both raise taxes and cut spending. one of the areas we must cut spending is defense. there hasn't been serious cuts in defense in 30 years. the defense industry is well positioned. they have plants in something in over 300 districts. there's a lot of bipartisan defense spending. for example, the defense authorization bill that just passed yesterday in the senate gave the pentagon $17 billion more than they asked for. so to think that any industry or any taxpayer or any group of people who depend on government spending can be exempted from the serious problem that we have that's caused by this deficit is a mistake. everybody is going to have to pay for this. >> dawn, right or wrong, the defense industry has this reputation of being bloated, overcharging. are we at a point where we could afford to make cuts in defense spending to try and satisfy the needs of lowering the deficit i
nobody's dealt with it since bill clinton was president of the united states. there are a number of things we're going to have to do in order to meet our deficit. we're going to have to both raise taxes and cut spending. one of the areas we must cut spending is defense. there hasn't been serious cuts in defense in 30 years. the defense industry is well positioned. they have plants in something in over 300 districts. there's a lot of bipartisan defense spending. for example, the defense...
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Dec 7, 2012
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just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. that's why we think it could drift over the cliff. >> we'll see. i know you've been a champion of apple all year. we're going to ask you on the countdown if you'd still buy apple at these lower levels. that's still to come later. thank you, my friend. before we go to commercial here, some sad news for the business world and our family here at cnbc. saul steinberg, the father of our maria bartiromo, died earlier today at the age of 73. he was best known for launching a string of takeovers back in the 1980s. he was also an avid art collector and a major benefactor at the wharton school of business at the university of pennsylvania. he leaves behind a wife and five children, including maria's husband, our johnathan steinberg. our sincerest condolences to his family and friends and my dear friend maria, who is
just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. that's why we think it could drift over the cliff. >> we'll see. i know you've been a champion of apple all year. we're going to ask you on the countdown if you'd still buy apple at these lower levels. that's...
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Dec 5, 2012
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bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our list, one of the richest men in the world. >> and a quick thought on ilan musk -- we've heard his name but he doesn't get a lot of attention. why is he in the top 70? >> when you think about the entrepreneurial ethos that forbes tries to represent, the people, places and companies that we try to describe an entrepreneurs in particular, here's a guy who founded paypal. here's a guy who's at the front of the tesla automobile. he's now moving cargo th
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on...
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Dec 12, 2012
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clinton was done. otherwise we're going to keep kicking this can down the road, and we're never going to get to the deficit. that is a big problem >> you know, governor -- >> alan greenspan agrees with him, by the way. do you think a mild recession, as he would characterize it, is enough of a price to pay to solve our deficit problem here? >> no, because it won't solve the deficit problem. when you have a contraction you get less revenue and as we see in europe, the revenue goes up, pile on new taxes to deal with the deficit. it gets worse. why can't we learn from experience. when you remove barriers from growth, low tax rates and stable dollar, we start to see signs of life again. >> i'm very interested because we hear a lot of tough talk from both sides of the aisle, right, both sides and the media hearing things on a daily basis and a lot of differences and not much compromise at this stage. do you think that they really are so dug in, or is this just public tough talk? >> i have absolutely no idea,
clinton was done. otherwise we're going to keep kicking this can down the road, and we're never going to get to the deficit. that is a big problem >> you know, governor -- >> alan greenspan agrees with him, by the way. do you think a mild recession, as he would characterize it, is enough of a price to pay to solve our deficit problem here? >> no, because it won't solve the deficit problem. when you have a contraction you get less revenue and as we see in europe, the revenue...
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Dec 31, 2012
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and even the greatest presidents, let's be clear, ronald reagan and bill clinton, they sold their initial deals in the first year. and it was close. it was one, two, three votes. it was very tight. but they did it, and they pushed and they pushed on both the wholesale and retail side. >> i don't think you can have the congressmen over too often. i think they should be there sleeping with you if you want them to be. >> well, that could have some people in trouble. >> i didn't quite mean that. >> you know, the civil war era, doris -- >> but i think he finally has made it sufficient at least that the inside game didn't work. >> but let's make sure we are about to come up on the most -- the least productive congress in history. we have 218 bills this congress has passed. the lowest number since this has been tracked. the lowest number before that was 333. let's go through the highlights of this congress. no farm bill. by the way, the debacle we saw on the senate on the u.n. disability treaty right in front of bob dole. that was just a bizarre moment, if you will. this fiscal cliff. three budg
and even the greatest presidents, let's be clear, ronald reagan and bill clinton, they sold their initial deals in the first year. and it was close. it was one, two, three votes. it was very tight. but they did it, and they pushed and they pushed on both the wholesale and retail side. >> i don't think you can have the congressmen over too often. i think they should be there sleeping with you if you want them to be. >> well, that could have some people in trouble. >> i didn't...
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the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president c
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of...
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Dec 26, 2012
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bill clinton, jimmy carter and barack obama all have three important things in common. they were all told you can't won and they all won and all brought in new people to help them win. the republican party suffers from the opposite problem, the same marion et people pulling the strings. you can get fresh faces in the front. >> you mean -- >> called staff infection. if you have the same people running the show every time. nobody knew who james vcarville was and joe, before president clinton chose them. they don't want to be known. >> these people will all get jobs? >> they're perfectly fine people. the party itself, we're only looking at a couple of candidate loss this time. and you will have me back and my good friend, david, back, too. the republican party listens to the three words who can win, already talking about who can win in 2016. voters don't ask who can win, who can lead, a very different question. >> thank you for providing fodder for this conversation. >> i like the sporty outfit. >> and the outfit. >> i'm in new york today and feeling sporty. >> merry chris
bill clinton, jimmy carter and barack obama all have three important things in common. they were all told you can't won and they all won and all brought in new people to help them win. the republican party suffers from the opposite problem, the same marion et people pulling the strings. you can get fresh faces in the front. >> you mean -- >> called staff infection. if you have the same people running the show every time. nobody knew who james vcarville was and joe, before president...
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Dec 21, 2012
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clinton, democrats and republicans in the senate who don't agree and the american people expect us to make this government work. they still expect that and i think john boehner has now demonstrated in his own party that the only way he can do it, the only way we can do it is in a bipartisan basis. >> what do you think he's going to say at 10:00? any idea? >> i have no idea. i have last night he said, well, now the responsibility son somebody else. that's not true. he's still the speaker of the house, and this congress. he has a responsibility. i have a responsibility. we all have a responsibility. the president has a responsibility and republicans and democrats in the senate have a responsibility. we should not go over the cliff. we should not raise taxes. we should not disrupt this economy. we need to move forward in a bipartisan way. >> leader hoyer you and i met about a year ago during the whole joint super committee select committee process. and you were, you know, earnestly concerned about entitlements, and growth over time. do you think we were making serious progress during the
clinton, democrats and republicans in the senate who don't agree and the american people expect us to make this government work. they still expect that and i think john boehner has now demonstrated in his own party that the only way he can do it, the only way we can do it is in a bipartisan basis. >> what do you think he's going to say at 10:00? any idea? >> i have no idea. i have last night he said, well, now the responsibility son somebody else. that's not true. he's still the...
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Dec 19, 2012
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she passed it in the clinton administration. there are bills related to types of ammunition, what you do about mental health, violent video games. all that sort of thing is on the table. this gives the president a little breathing room and space. of course, he's got a huge issue to deal with with republicans in terms of debt deficits and the fiscal cliff. joe biden will get to work on coming up with the next steps on this issue. >> i keep thinking back to what mayor bloomberg said over the weekend on "meet the press." that is, in this instance, he thinks the president should not just go to congress and say, guys, what do you have for me in the way of legislation? rather, lead on this issue. the announce of the task force was met by some with some derision. >> it can be a bit of a punt. i do think we see from the demeanor and tone of the president, someone who was impacted in a significant way by what happened, was reacting as a parent, as a politician who was chastened by his own timidity on this issue in the past. he's in favor
she passed it in the clinton administration. there are bills related to types of ammunition, what you do about mental health, violent video games. all that sort of thing is on the table. this gives the president a little breathing room and space. of course, he's got a huge issue to deal with with republicans in terms of debt deficits and the fiscal cliff. joe biden will get to work on coming up with the next steps on this issue. >> i keep thinking back to what mayor bloomberg said over...
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Dec 17, 2012
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feinstein is now going to reintroduce that bill. she passed it in the clinton administration. when it expired in 2004, george w. bush was president. he was nominally in favor of extending it. democrats were in favor of it. but the president was not enthusiastically advocating it and democrats shied away from enthusiastically pushing for it because they feared it would harm them politically. >> and what about the gun show loophole? where does that stand? >> the gun show loophole, i think -- i'm not entirely sure, andrew, i think it was closed in part, but there's a lot more that can be done on that and the gun lobby has resisted that. >> because this, obviously, his mother illegally bought these things. we've got some ideas -- >> i want to do a fingerprint. >> a fingerprint -- >> on every gun. >> where you couldn't even access it and they have that technology. >> i want it on every single gun. i want an education program. i want to make it harder to buy guns that know it is to get a driver's license. >> i think you need to go back to the 1994 -- it's a question of automatic and
feinstein is now going to reintroduce that bill. she passed it in the clinton administration. when it expired in 2004, george w. bush was president. he was nominally in favor of extending it. democrats were in favor of it. but the president was not enthusiastically advocating it and democrats shied away from enthusiastically pushing for it because they feared it would harm them politically. >> and what about the gun show loophole? where does that stand? >> the gun show loophole, i...
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Dec 18, 2012
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. >> oh, the house is -- the house bill won't be just back to the clinton level? >> no. i do not think so. >> oh. >> thank you. >> senator corker, thank you for, gives you a lot to think about and adding to the conversation this morning. we always appreciate it. by the way, while you were talking the market gave back about 20 points in the dow futures. we'll see what happens. >> okay. >> when we come back we're going to hear from the other side of the aisle, democratic senator kent conrad on the latest white house debt proposal. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back to "squawk box." w
. >> oh, the house is -- the house bill won't be just back to the clinton level? >> no. i do not think so. >> oh. >> thank you. >> senator corker, thank you for, gives you a lot to think about and adding to the conversation this morning. we always appreciate it. by the way, while you were talking the market gave back about 20 points in the dow futures. we'll see what happens. >> okay. >> when we come back we're going to hear from the other side of the...
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they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i think you'd see alongside sensible spending reforms. you'd see very good outcomes for the american economy. the american economy right now looks very resilient. the biggest thing that stands in the way of much significant strength in growth is this uncertainty about how to reach an agreement. >> what's the right rate for dividends and capital gains? >> in the senate bill, you see there's a proposal to let them go to 20. that's certainly one way to do it. ultimately, you have to look at the overall mix of tax treatment, investment income -- >> is there a number that's too high
they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i...
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heather higgins is this a good or bad bill, plan b? >> it is the best that boehner can do in an awful situation that he's in, and he's in an awful situation for a variety of reasons. not least of which is poor messaging on the growth message. the average citizen just thinks this is about keeping tax rates low for rich people, and that republicans don't care about the middle class. they don't understand that tax increases are really bad for growth, and what this whole debate ought to be about in terms of entitlement reform and keeping taxes low is growing the economy, because that's how you actually get out of this pickle. >> i want keith to chime in on this message. let me ask you this. has john boehner and the rest of them, cantor, eric cantor, haven't heard much of him throughout this whole thing. paw ryan, paul ryan budget mfte out yesterday saying he's in favor of plan b. all of them together after the election whipping, is the republican party still looked at as the party of economic growth? the message you outlined with which i b
heather higgins is this a good or bad bill, plan b? >> it is the best that boehner can do in an awful situation that he's in, and he's in an awful situation for a variety of reasons. not least of which is poor messaging on the growth message. the average citizen just thinks this is about keeping tax rates low for rich people, and that republicans don't care about the middle class. they don't understand that tax increases are really bad for growth, and what this whole debate ought to be...
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Dec 13, 2012
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definitely that is bill in the senate 3637. and exactly right about now, they are debating that extension. our guest is a former adviser, economic adviser, to president clinton and senator barack obama, dr. robert shapiro, welcome. >> hi, rick. glad to be here. >> reporter: all right. dr. shapiro, it seems so ironic -- and i've used that word twice -- to listen to boehner worry about fate of generations down the road. at that particular point in time, this particular point in time, why does the senate want to guarantee a taxpayer expense, a program that is as large as $1.6 trillion? is there any reason you can think of? >> well, the only reason is that some banks think that if they have the guarantee, they'll get more of these deposits. the fact is, this is bad for the economy. it's bad for the banking system. there's a basic principle of deposit insurance. and that is you want to cover almost all depositors but not all deposits. and so you put a limit -- the limit has been $250,000. so the insurance coverage goes up to $250,00
definitely that is bill in the senate 3637. and exactly right about now, they are debating that extension. our guest is a former adviser, economic adviser, to president clinton and senator barack obama, dr. robert shapiro, welcome. >> hi, rick. glad to be here. >> reporter: all right. dr. shapiro, it seems so ironic -- and i've used that word twice -- to listen to boehner worry about fate of generations down the road. at that particular point in time, this particular point in time,...
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even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racing taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous econ
even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican...
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even bill clinton aagrees. here's what he said at a conference back in may. >> i think you could tax me at 100%, and you wouldn't balance the budget. we are all going to have to contribute to this. if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point? "outfront" republican congressman james langford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. good to see you, sir. appreciate you taking the time. what about this idea of raising taxes on everyone? the math actually in this case is much more promising. it works much better. >> right. i heard your lead-in on it, and you said this is a new idea floated by howard dean. ints a new idea. several democrats have floated that a while. the code word is going back to the cli
even bill clinton aagrees. here's what he said at a conference back in may. >> i think you could tax me at 100%, and you wouldn't balance the budget. we are all going to have to contribute to this. if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point?...
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and there's a meet and photo with president bill clinton. a signed guitar from taylor swift. >> and how about this, fly fishing with paul volcker. if you can do that, you can buy the other auction items. >> charitybuzz.com. i've got to beat anderson cooper. finally, let's come to the car accident you had. >> yes. >> a strange case, where you had taken an ambien sleeping pill in the morning. >> i reached for my thyroid medication and took the wrong pill. i did it at 7:30 in the morning. i did what tom brokaw did. i took the wrong pills. i was on my way to the gym. got into the car. got into a car accident. but there was no alcohol in my blood. that's what happened. >> the case in general. >> yes. >> good luck with that. >> thank you. >> let's talk about taylor swift before you go. she's the hot woman at the moment. she's dating a british rock star. she was honored at the rfk centers gala. >> and incidentally, you can get one direction tickets, too, on the -- >> well, there you go. is she nice, taylor swift? >> so fantastic. such an amazing wo
and there's a meet and photo with president bill clinton. a signed guitar from taylor swift. >> and how about this, fly fishing with paul volcker. if you can do that, you can buy the other auction items. >> charitybuzz.com. i've got to beat anderson cooper. finally, let's come to the car accident you had. >> yes. >> a strange case, where you had taken an ambien sleeping pill in the morning. >> i reached for my thyroid medication and took the wrong pill. i did it at...
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both michelle obama and bill clinton were nominated in the category best spoken word album. good for them. yeah. yeah. true story. michelle was nominated for the audio version of her book american grown, and bill clinton was nominated for the audio version "50 shades of gray." >> "early start" continues right now. >>> breaking news near tokyo. a powerful earthquake hit off the coast. a tsunami warning issued. and then lifted. we go live to japan straight ahead. >>> and the "new york post" photographer who took the picture of the man on the subway tracks before he was hit sits down to tell us his side of the story. we'll hear from him this hour. >>> and imagine a professional football game without kickoffs. it's just one of the suggestions to improve the safety of the game for players. details this hour on cnn. >> i'm curious as to how everybody feels about that. >> welcome to "early start." i'm christine roman by devastating tsunami that killed 15,000 people and caused widespread damage. the tsunami this time hit a place called -- or near a town almost totally devastated in
both michelle obama and bill clinton were nominated in the category best spoken word album. good for them. yeah. yeah. true story. michelle was nominated for the audio version of her book american grown, and bill clinton was nominated for the audio version "50 shades of gray." >> "early start" continues right now. >>> breaking news near tokyo. a powerful earthquake hit off the coast. a tsunami warning issued. and then lifted. we go live to japan straight...
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clinton and george bush and realizes he must dig deep sbeer his own shortcomings as a father. ron foreign yeah on the pain and promise of personal journalism. i'm howard kurtz and this is "reliable sources." -- captions by vitac -- www.vitac.com >>> the most memorable moment on sunday night football took place during halftime. the game aired one day after that shocking tragedy in which kansas city chief's linebacker javon belcher allegedly shot himself and hids girlfriend and nbc sforts caster bob costas decided to dough vote his talking to guns. his own feelings were quite clear. >> you want some actual perspective on this? well, a bit of it comes from the kansas city based righter jason wit lock with whom i do not always agree but today said it so well that we may as well quote or pair phrase from the end of his article. our current gun culture, wit lock wrote, ensures that more and more domestic disputes will end in the ultimate tragedy, but here, wrote jason wit lock, is what i believe. if javon belcher didn't possess a gun, he and kasandra perkins would both be alive toda
clinton and george bush and realizes he must dig deep sbeer his own shortcomings as a father. ron foreign yeah on the pain and promise of personal journalism. i'm howard kurtz and this is "reliable sources." -- captions by vitac -- www.vitac.com >>> the most memorable moment on sunday night football took place during halftime. the game aired one day after that shocking tragedy in which kansas city chief's linebacker javon belcher allegedly shot himself and hids girlfriend and...
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bill clinton. he will direct a documentary on clinton for hbo clinton is said to be cooperating fully with the scorsese project. >>> stormy weather in the west and midwest could affect travel plans today. want to get to ckaren mcginnis. nasty weather up here too. >> yeah, both east and west, we have some storm systems that will make difficult travel as we go toward the big travel weekend. take a look at video out of des moines, washington this is just south of seattle. they saw crashing waves, high winds, the storm system is aimed at the west coast. we'll see snow levels in seattle down to around 400 feet. traveling to the midwest, look out. are you expecting 3 to 6 inches of snowfall in the next several days, john. >> thank you, karen magnificec . while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male anno
bill clinton. he will direct a documentary on clinton for hbo clinton is said to be cooperating fully with the scorsese project. >>> stormy weather in the west and midwest could affect travel plans today. want to get to ckaren mcginnis. nasty weather up here too. >> yeah, both east and west, we have some storm systems that will make difficult travel as we go toward the big travel weekend. take a look at video out of des moines, washington this is just south of seattle. they saw...
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say that the republicans and i think at the end of the day, they probably will give bill clinton, barack obama his tax increase on the rich, but you know what? we go into 2013 with still a trillion dollar deficit and the question i ask you two and president obama if he were on the show, what's act two? what do we do next? >> you do agree with stephen on one thing and that is that there is some work to be done on inefficient spending? >> the best funding program we have in the government is social security. health care. for every dollar, the other three modern countries spend per capita in other dollar, we spend $2.64 and still have 50 million people without insurance. if we could get france's health care system, widely regarded as the best in the world, we could eliminate 40% of income taxes and still have the same deficit. if you look at the federal budget numbers, the budget is coming way down. the economy is improving. higher tacks allow us to create jobs where people are investing in things that make commerce work better. all private wealth is built on a foundation of commonwealth. i
say that the republicans and i think at the end of the day, they probably will give bill clinton, barack obama his tax increase on the rich, but you know what? we go into 2013 with still a trillion dollar deficit and the question i ask you two and president obama if he were on the show, what's act two? what do we do next? >> you do agree with stephen on one thing and that is that there is some work to be done on inefficient spending? >> the best funding program we have in the...
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. >>> hollywood legend martin scorsese will produce a documentary on bill clinton. clinton is said to be cooperating fully with the project. >>> let's take you back to newtown and soledad. >> i am not surprised he is cooperating. >> reporter: here in newtown, connecticut the days have cleared up. we were in a down pour which some people were talking about the town crying because the weather was so bad. the town is trying to make sense of this terrible tragedy. investigators trying to learn more about the shooter, adam lanza, one of those who might be able to offer insight is adam diaz who spokeclusively to susan candiotti. we will hear from him this morning. also ahead in the next hour kids in every school here in newtown except for sandy hook elementary are back to school today and on hand at ever school is grief counselors. we'll update you on what is happening there. i spoke with steve perry the principal of capital school at hartford, connecticut. we will talk to him about what he would do at his school. [ male announcer ] when it comes to the financial obstacle
. >>> hollywood legend martin scorsese will produce a documentary on bill clinton. clinton is said to be cooperating fully with the project. >>> let's take you back to newtown and soledad. >> i am not surprised he is cooperating. >> reporter: here in newtown, connecticut the days have cleared up. we were in a down pour which some people were talking about the town crying because the weather was so bad. the town is trying to make sense of this terrible tragedy....
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. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into the super bowl. i tend to agree. i think a the lot of people i've spoken to inside the administration as well as just kind of political wonks like us, we all think that hillary is going to run and she's going to be an incredible candidate to try to defeat. with that being said, 2016 is a long ways away. we need to get through 2014. we need to get through the fiscal cliff first. i think we're getting ahead of ourselves by saying she's unbeatable, but she's certainly formidable if she decides to run. >> point out that hillary clinton at every step says she's not running. we'll go ahead and talk about it anyway. will, do you agree w
. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into the super bowl....
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martin scorsese will cover a film on bill clinton. he's cooperating. i'm sure he's loving every bit of that. back to soledad in newtown. >> if marty scorsese wants to do a film on you, he does it. >>> ahead this morning we'll talk to pasty t.d. jakes about how newtown connecticut might be able to heal. that's coming up next. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. >>> a tragedy of the magnitude of the deadly shootings at sandy hook elementary school in newtown, connecticut, can shake the faith of the firmest believer. t.d. jakes has a congregation of 30,000 members. >> thank you. >> i was reading the eulogy that the mother of 6-year-old noah pozner wrote and she delivered it at his funeral yesterday and it just broke my heart and i think how do you counsel parents who have to deliver eulogies for a 6-year-old or 7-year-old? what words do you possibly use?
martin scorsese will cover a film on bill clinton. he's cooperating. i'm sure he's loving every bit of that. back to soledad in newtown. >> if marty scorsese wants to do a film on you, he does it. >>> ahead this morning we'll talk to pasty t.d. jakes about how newtown connecticut might be able to heal. that's coming up next. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan....
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here's what he said. >> if their competitor in '16 is hillary clinton, supported by bill clinton and presumably still relatively popular president barack obama, trying to win that will truly be the super bowl and the republican party today is incapable of competing at that level. >> that's a strong statement, but not entirely inaccurate. she will be a formidable candidate if the economy is improving and they get a budget deal. look, three times in a row, very rare, george bush, ronald reagan, last time it happened. nothing is given, but given the demog r demography, her appeal would be formidable. >> the republican party in four years, hopefully more competitive. governors getting their sfripz. marco rubbo and paul ryan, reframing the republican party. is it possible there could be a new republican party in four years? i certainly hope so. we'll see. >> i have been waiting for this all along. newt gingrich, saying hillary clinton formidable. my god. >> i believe hell has frozen over and cats and dogs now getting together. >> i want hillary to run. i'm excited. >> still ahead, on "sta
here's what he said. >> if their competitor in '16 is hillary clinton, supported by bill clinton and presumably still relatively popular president barack obama, trying to win that will truly be the super bowl and the republican party today is incapable of competing at that level. >> that's a strong statement, but not entirely inaccurate. she will be a formidable candidate if the economy is improving and they get a budget deal. look, three times in a row, very rare, george bush,...
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that happened in the '90s with billi bill clinton. listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right now. >> i don't need to remind you this is the house speaker who shut down the government and that didn't work so well for the republicans. going over the cliff is something i don't think they want to do earlier. as i keep saying, wolf. the irony to me here is that the larger issues are things they really understand how to resolve, if you look at all their proposals. they just can't get there, because they can't agree on this revenue issue. where does the revenue come from. do you raise the rates on the wealthy? if you do, how much? and that's actually in the whole realm of things a sticking point that
that happened in the '90s with billi bill clinton. listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right...
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. >> i think hillary clinton made a huge statement today. but the u.s. has to be the leader on syria. >> there are human rights abuses ploding all over the world. in uganda there is a bill that is a homosexual bill that would make those acts punishable by death. >> right here we are working on the farm worker's bill. >> as a kennedy, what do you make of what is going on in washington? >> well, i think it is very, very hard with the tea party. they came to washington to destroy it. >> the american people have spoken and everybody missed teddy. he was great friends with people on both sides of the aisle. >> the rfk center, let's turn to more cheery things. >> if you are watching, get out there and get on that website and bid higher. there is a signed taylor swift guitar. and fly fishing. >> and it is a great cause. www.charitybuzz.com. and finally, let's come to this car accident that you had. because it was a strange case where you had taken an ambien sleeping pill in the morning. >> yes, i reached for my thyroid medication and took the wrong pills. i was
. >> i think hillary clinton made a huge statement today. but the u.s. has to be the leader on syria. >> there are human rights abuses ploding all over the world. in uganda there is a bill that is a homosexual bill that would make those acts punishable by death. >> right here we are working on the farm worker's bill. >> as a kennedy, what do you make of what is going on in washington? >> well, i think it is very, very hard with the tea party. they came to...
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we sat down and we wrote a bill, and that bill passed the senate. chuck schumer introduced it in the house. it passed. it was not amended. it was passed. and it went to the president. president clinton signed it, and it was the law for ten years. and over time, it began to wind down the supply of these weapons. and particularly the clips, drums, or strips of over 100 bullets. i mean, you have to realize the person that went into that heater in aurora had a drum with 100 bullets in his assault weapon. fortunately, that drum jammed or else he would have had 100 clear shots at people sitting in seats in a movie theater. now, here you probably had this man fire more than 100 bullets. i mean, we've just heard where no child had less than three bullets in them of what is a killer weapon that shouldn't be on the streets of our city. and now these children, this is the straw that breaks the camel's back. people have to respond. they have to understand that the rights of the many to remain safe are more important than any right you may think you have to have
we sat down and we wrote a bill, and that bill passed the senate. chuck schumer introduced it in the house. it passed. it was not amended. it was passed. and it went to the president. president clinton signed it, and it was the law for ten years. and over time, it began to wind down the supply of these weapons. and particularly the clips, drums, or strips of over 100 bullets. i mean, you have to realize the person that went into that heater in aurora had a drum with 100 bullets in his assault...
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it's men in power thinking they can get away with it, bill clinton, john edwards, newt gingrich, and it's endemic of women in power thinking they can live by different rules. >> let's turn now to the royal family. even the royal family couldn't escape the litany? >> absolutely not. in this case, though, prince harry. he had trouble after trouble. if you invite a bunch of people to your room, get drunk, play strip poker, and allow them to take pictures, you're going to be in the press. while the duchess unfortunately for her had some expectations of privacy, she was alone on a
it's men in power thinking they can get away with it, bill clinton, john edwards, newt gingrich, and it's endemic of women in power thinking they can live by different rules. >> let's turn now to the royal family. even the royal family couldn't escape the litany? >> absolutely not. in this case, though, prince harry. he had trouble after trouble. if you invite a bunch of people to your room, get drunk, play strip poker, and allow them to take pictures, you're going to be in the...
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no prescription needed. >>> former president bill clinton's familiarity with pain killers goes back to when he lived in the white house. >> have you ever been prescribed a medication like this? >> well, i did take some pain killers when i tore my -- 90% of my quadriceps, but i tried to be careful and i was in a lot of pain. >> and here's after leaving the oval office. he would once again need pain pills. he says he and his doctors were cautious. >> after my heart surgery, you know, when i was -- i hurt pretty bad for three weeks. so i got some medicine. but i really tried to get off of it as quick as i could. and my doctors were really good about it, telling me, you know, take this if it's killing you, but be careful. telling me takef it's killing you, but be careful. >> crisis center, this is rosie. >> be careful. it's a warning that might prevent call after call pouring in here after the washington poison center. >> poison center. this is deborah. >> i wasn't getting pain relief, and i too many obsessioxycodono. i'm shaky and like headed and just nervous. >> how did we quietly become
no prescription needed. >>> former president bill clinton's familiarity with pain killers goes back to when he lived in the white house. >> have you ever been prescribed a medication like this? >> well, i did take some pain killers when i tore my -- 90% of my quadriceps, but i tried to be careful and i was in a lot of pain. >> and here's after leaving the oval office. he would once again need pain pills. he says he and his doctors were cautious. >> after my...
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michelle was nominated for the audio version of her book and bill clinton was nominated for "50 shades of grey." >> thanks for starting your morning with us. we have much more ahead on "cnn saturday morning" which starts right now. >>> good morning, everyone. i'm randi kaye. victor blackwell is off. it is 7:00 on the east coast, thanks so much for starting your morning with cnn. it was supposed to be just for laughs. humor. the listeners with a lighthearted prank. two radio deejays called the hospital where the duchess of cambridge was getting treated and tricked a nurse to give details of her condition. two days later the nurse took her own life and now the deejays behind it are off the air. >> the house has mutually decided that this show will not return until further notice out of respect of what can only be described as a tragedy. >> cnn's matthew chance has more now on the story generating outrage around the world. >> you know what, they were the worst accents ever. >> it was meant as a light hearted aussie prank, even after their station issued an apologies the two deejays made l
michelle was nominated for the audio version of her book and bill clinton was nominated for "50 shades of grey." >> thanks for starting your morning with us. we have much more ahead on "cnn saturday morning" which starts right now. >>> good morning, everyone. i'm randi kaye. victor blackwell is off. it is 7:00 on the east coast, thanks so much for starting your morning with cnn. it was supposed to be just for laughs. humor. the listeners with a lighthearted...
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what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be the golden median. >> doug, let's talk about the unemployment report that came out today. it shows 7.7% unemployment. you know, i know a lot of democrats want to say, oh, it's dropping, but it seems to me for months and months and months, the unemployment numbers have just remained awful. they move a little up and down, but they're just a mess. 12 million people unemployed. it seems to me that that could cut either way. republicans could still lean on that and say, you may be winning the pr war on this thing right now, but don't forget, you've got a big prob
what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be...
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bill clinton said it at an event i was at, bill dean said it. tax rates need to go up, not just on other people, i.e. wealthy people, but all people. here's bill clinton. >> i think you could tax me at 100% and you wouldn't balance the budget. we are all going to have to contribute to this. and if middle-class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that i obtained when i was president. >> do americans need to relux that taxes are going to go up and on everyone? >> i think they do, but let's be honest and faithful to an economic theory that says it's basically the lower and middle-income groups that basically spend most of the money. so if you do raise taxes on middle-income americans, you're going to see some economic effect in terms of slower growth. so do i disagree with bill clinton to some extent? yes, i think i do. i think the bulk of the taxation has to come through capital gains taxes, has to come through dividend taxes in terms of increasing
bill clinton said it at an event i was at, bill dean said it. tax rates need to go up, not just on other people, i.e. wealthy people, but all people. here's bill clinton. >> i think you could tax me at 100% and you wouldn't balance the budget. we are all going to have to contribute to this. and if middle-class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that i obtained when i was president....
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tax increases under bill clinton that are the taxes we would go back to if we do nothing. at the same time, i watched nancy pelosi lead the charge against the bush tax cuts that ultimately now they want to keep 98% of. the truth is if we go over the cliff on a tax basis, we're only going back to the clinton era taxes. if we don't change spending, we're going to stay over the cliff. even if we go back to the clinton tax rates, the clinton tax rates, which is what the cliff is described as, you still have nearly half a trillion dollars a year, $5 trillion over ten years worth of deficit. that's because while we grew the -- under bush the taxes revenue went up 25%, and spending went up 100% in the last 12 years. if you put back the revenue from the higher taxes, you still have a deficit. that's what we're trying to change. >> we kind of are where we are, and no one is talking about spending cuts. they're talking about keeps taxes low, which everybody agrees. let me ask a specific question first to the democrats here. if they came out with with a deal that said, all right, we
tax increases under bill clinton that are the taxes we would go back to if we do nothing. at the same time, i watched nancy pelosi lead the charge against the bush tax cuts that ultimately now they want to keep 98% of. the truth is if we go over the cliff on a tax basis, we're only going back to the clinton era taxes. if we don't change spending, we're going to stay over the cliff. even if we go back to the clinton tax rates, the clinton tax rates, which is what the cliff is described as, you...